Brokers say UES has best deals on starter apartments … and more

1. Upper East Side has best deals on starter apartments, brokers say [Post] 

2. Economist Nouriel Roubini says there is a 35 to 40 percent chance of a double dip recession [Bloomberg] 

3. Kips Bay decorator show house opened on East 71st Street today, following financial struggles [NYT]
4. Auction of East 10th Street townhouse generates interest from potential buyers [Malcolm Carter] 

5. Knicks forward Amar’e Stoudemire finds pad on the Upper West Side [Post] 

6. Banks may now face problems from mortgage loan pools [CNBC] 

7. Investors now favor rental apartments [National Mortgage News]
8. Probe into robo-signing mortgage scandal may lead to investor lawsuits against trusts [CNBC] 

9. And banks could lose up to $10 billion from foreclosure mess: analyst [The Street] 

10. BofA plans to hire up 1,000 small business bankers by 2012, and agrees to indemnify major insurer on foreclosure sales [CNBC]  and [National Mortgage News]
11. Crown Heights North Association seeks to purchase landmarked Elkins House on Dean Street [Brownstoner] 

12. Community Board 12 asks city to consider rezoning sections of Washington Heights [DNAinfo]

Sign Up for the undefined Newsletter